#Report
The officer filed a report. Court file 2601-14248.
Source: First Report of the Receiver, dated September 2, 2026
Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and sections 13(2) of the Judicature Act and 65(7) of the Personal Property Security Act
- File
- 2601-14248
Filings held3
Last activity20 Aug 2026
On the record32 days
Secured debt$4.89M
OverviewSummary updated
Jay's Metal Products Ltd., together with Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd., has been placed in receivership by order of the Court of King's Bench of Alberta pronounced August 20, 2026. Royal Bank of Canada brought the application under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act and section 65(7) of the Personal Property Security Act. BDO Canada Limited was appointed receiver and manager of the four Alberta companies. The proceeding is active and carries court file number 2601-14248.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Order
A receivership order was granted, on the application of Royal Bank of Canada. Court file 2601-14248.
Source: Application for an Order Compelling Compliance with the Receivership Order, dated September 2, 2026
#Order
Court granted Royal Bank of Canada's application, appointing BDO Canada Limited receiver and manager of the four Jay's Metal companies and commencing the receivership.
AnalysisAll insights
Case update
Jay's Metal: the inventory count is in a notebook nobody can find
Two weeks after BDO was appointed over four Calgary metal fabricators on RBC's $4.9 million claim, the receiver told the Court of King's Bench it had found no computers, no inventory listing, two leased premises it had not been told about, and a landlord who contradicted what the principal had said about them — and asked Justice Marion to compel compliance and award costs against two directors personally.
Parties
Debtor
Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd.
Receiver
BDO
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesRegistered interest in all after-acquired and personal property, registered October 6, 2020 — Amount stated as approximate ('approximately $4,893,619') per Starenky Affidavit — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. | $4.89M | First Report of the Receiver, dated September 2, 2026 |
| Secured | Bodkin, a Division of Bennington Financial Corp · in 3 casesRegistered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Coast Capital Equipment Leasing Ltd. · in 4 casesRegistered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Sequoia Finance Inc.Registered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | ATB Financial · in 56 casesRegistered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | 2416924 Alberta Ltd. o/a Stride Capital · in 5 casesRegistered security interest at Alberta PPR — Registered against all four debtor entities; amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Essex Lease Financial Corporation · in 6 casesRegistered security interest at Alberta PPR (referred to also as 'Essex Leasing Financial Corporation' for Jay's Framing) — Amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Jonesy Energy Services Ltd.Registered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Arundel Capital Corporation · in 8 casesRegistered security interest at Alberta PPR; lease of 2017 XCMC Model RT7OU Crane with Jay's Products, dated November 19, 2025 — Registered against all four debtor entities; Arundel seized the leased crane prior to receivership and sought exclusion from receivership; amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Bennington Financial Corp. · in 9 casesRegistered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Business Development Bank of Canada · in 241 casesRegistered security interest at Alberta PPR — Registered against all four debtor entities; amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Ford Credit Canada Company · in 25 casesRegistered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
| Secured | Cam Clark Ford Sales Ltd. and Cam Clark Leasing Ltd.Registered security interest at Alberta PPR — Amount not stated — debtor: Jay's Metal Products Ltd. | — | First Report of the Receiver, dated September 2, 2026 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Documents3 filings
| Date | Document | File |
|---|---|---|
Application for an Order Compelling Compliance with the Receivership Order, dated September 2, 2026
| ||
First Report of the Receiver, dated September 2, 2026
| ||
Receivership Order, dated August 20, 2026
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/jay-s-metal-products-ltd-jay-s-metal-structural-ltd-jay-s-metal-steel-framing-lt